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Ethereum Longs Liquidated at $4,509 — Short-Term Bearish

I recorded a $90.2K ETH long liquidation executed at $4,509.39.

This indicates immediate selling pressure and a stop-run around the $4,500 area, increasing short-term volatility and downside risk.

I will avoid opening fresh longs and prefer to reduce exposure until I see confirmed support or a clear reclaim above key resistance.

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Analysis

The $90.2K long liquidation at $4,509.39 shows leveraged longs being forced out, which amplifies short-term downside risk. While deleveraging can set up a temporary bounce, the price action is biased ...

Recommendation

Recommendation: Sell or avoid new long entries; trim exposure and wait for confirmed support or a clean reclaim above resistance before re-entering.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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